Cardiology Associates of Fredericksburg

What Cardiology Associates of Fredericksburg does

Cardiology Associates of Fredericksburg (CAF) is a physician-owned, single-site cardiology group practice headquartered in a 20,000 sq. ft. facility at Massaponax Medical Park in Fredericksburg, Virginia. Founded in 1978 by Dr. Michael Cherwek — the first Board Certified cardiologist in the Fredericksburg region — the practice employs 51–100 staff including 9 physicians and 12 nurse practitioners/clinical specialists, and provides diagnosis and treatment of cardiovascular disease across a comprehensive service spectrum. Patients are adult individuals with conditions including coronary artery disease, heart failure, arrhythmias, valvular disease, peripheral vascular disease, and hypertension, primarily acquired through physician referral, self-referral, and hospital admission.

The practice's clinical offering spans in-office diagnostic services (EKG, echocardiography including transesophageal, stress testing, nuclear cardiology, cardiac PET/CT, vascular imaging, and Holter/arrhythmia monitors) and advanced hospital-based interventions performed under active staff privileges at Mary Washington Hospital (primary affiliate since 1990, co-developer of the region's first cardiac catheterization lab) and Spotsylvania Regional Medical Center. Hospital-based capabilities include cardiac catheterization, TAVR, complex CTO and left-main PCI, peripheral angiography and intervention, EVAR, and laser lead extraction; a pacemaker/defibrillator clinic provides ongoing device management including remote monitoring. The diagnostic laboratory holds ICANL and ICAEL accreditations, and the practice has held CMS Meaningful Use EHR certification since 2012.

CAF operates a fee-for-service, insurance-billed professional services model with co-pay collection at the time of service, deductible deposits, a 30% cash-pay discount for early settlement, and short-term payment plans. Distribution is sales-led through physician referral networks, hospital partnerships, and a direct-to-patient channel supported by a website, patient portal (Healow / eClinicalWorks), televisits, and a Healthwise-powered patient education library. The practice holds no patents, no disclosed institutional investment, and operates from a single Fredericksburg, Virginia location.

Name

Cardiology Associates of Fredericksburg

Legal name

Cardiology Associates of Fredericksburg, Ltd.

Website

https://fredcardio.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

51–100 employees

Short description

Cardiology Associates of Fredericksburg is a physician-owned cardiology group practice in Fredericksburg, Virginia, founded in 1978, delivering diagnostic, interventional, electrophysiology, and structural heart services to adult cardiac patients across the Fredericksburg region via a single 20,000 sq. ft. office and hospital affiliations with Mary Washington Hospital and Spotsylvania Regional Medical Center.

Ownership category

akta.pro rank

Product category

Cardiology Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111), Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Interventional Cardiology (PCI/Structural Heart) (HLAKABAB)

akta.pro secondary industries

General Cardiology (Consultative) (HLAKABAA), Cardiac Diagnostic Centers (Echo/Stress Testing/Holter) (HLAFAKAE), Ambulatory Cardiology Diagnostic & Procedure Centers (Non-hospital-based) (HLAFABAK)

Keywords

• Cardiology practice services
• Cardiovascular disease treatment
• Interventional cardiology procedures
• Electrophysiology arrhythmia care
• Cardiac diagnostic imaging

Headquarters

HQ city

Fredericksburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Office Consultation Services: Cardiology and electrophysiology consultations for new and established patients.
2. Diagnostic Testing Services: In-office diagnostic services including echocardiograms, stress tests, nuclear stress tests, EKGs, Holter monitors, vascular imaging.
3. Hospital-based Procedures: Cardiac catheterization, peripheral angiography and intervention, TAVR, cardioversion, pacemaker/defibrillator implantation, electrophysiology procedures performed at affiliated hospitals.
4. Virtual Visits / Televisits: Remote healthcare consultations for appropriate patients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Cardiology Associates of Fredericksburg is a physician-owned cardiology practice delivering comprehensive cardiovascular care, including in-office diagnostic testing (EKG, echocardiography, nuclear and stress testing, vascular imaging, Holter monitors), hospital-based interventional procedures (cardiac catheterization, TAVR, peripheral vascular interventions), electrophysiology services (ablations, pacemaker/defibrillator management), and telehealth visits. All physicians are board certified in internal medicine and cardiovascular disease, and the practice operates a state-of-the-art nationally accredited diagnostic laboratory while providing around-the-clock cardiac care through hospital privileges at Mary Washington Hospital and Spotsylvania Regional Medical Center.

Product overview

Cardiology Associates of Fredericksburg is a single-location cardiology practice offering a comprehensive range of cardiac care services. The practice operates as a unified service delivery model with in-office diagnostic services (EKG, echocardiography, stress testing, vascular imaging, Holter/arrhythmia monitors), hospital-based interventional procedures (cardiac catheterization, TAVR, peripheral interventions), electrophysiology consultations and procedures, and a dedicated device clinic for pacemaker and defibrillator management. All services are centralized at their Massaponax Medical Park facility, with hospital privileges at Mary Washington Hospital and Spotsylvania Regional Medical Center. The practice recently added Cardiac PET/CT imaging as an advanced diagnostic capability.

Differentiator

Problem solved

Functional benefit

Products and services

• In-Office Diagnostic Services Cardiac diagnostic testing performed at the Fredericksburg office including electrocardiogram (EKG), echocardiogram, stress testing (exercise, nuclear, and stress echocardiogram), vascular imaging, and Holter/arrhythmia monitors for adult patients with suspected or known cardiovascular conditions.
• Hospital Interventional Services Advanced cardiac procedures performed at Mary Washington Hospital and Spotsylvania Regional Medical Center including cardiac catheterization, transcatheter aortic valve replacement (TAVR), peripheral angiography and intervention, balloon aortic valvuloplasty, ASD and PFO closures, and advanced complex coronary interventions such as chronic total occlusion PCI.
• Electrophysiology Services Diagnosis and treatment of heart rhythm disorders including electrophysiology consultations, catheter ablation for complex arrhythmias, conduction system pacing, leadless cardiac pacing, laser lead extraction, and left atrial appendage occlusion.
• Pacemaker and Defibrillator Clinic Dedicated clinic for pacemaker and ICD management including remote monitoring, device checks, and implantation services for patients with bradycardia, tachycardia, and other rhythm disorders.
• Cardiac PET/CT Imaging Cardiac PET/CT imaging offering higher resolution and greater sensitivity than traditional SPECT imaging for evaluating cardiac blood flow and function, available to adult patients with suspected coronary artery disease.
• Virtual Visits (Telehealth) Remote cardiology consultations delivered via the Healow app and patient portal for appropriate patients, supporting follow-up visits and convenient care without an in-office trip.

Quantifiable outcome

• Nationally accredited diagnostic laboratory (ICANL and ICAEL)
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Spotsylvania Regional Medical CentercoreStrategic or Co-development Partner · 1 January 2010Addition of active medical staff privileges at Spotsylvania Regional Medical Center in 2010. CAF physicians provide cardiac care for hospitalized patients at this facility.
• Mary Washington HospitalcoreStrategic or Co-development Partner · 1 January 1990Development of first Cardiac Catheterization Laboratory at Mary Washington Hospital in 1990. Co-development of around-the-clock Interventional Cardiology Services at Mary Washington Hospital to treat acute myocardial infarction victims. Mary Washington Hospital affiliated as primary hospital for inpatient cardiac care.
• Virginia Heart & Vascular InstitutecoreStrategic or Co-development PartnerCardiology Associates of Fredericksburg is a member of the Virginia Heart & Vascular Institute at Mary Washington Hospital, representing regional cardiovascular care collaboration.
• Moss Free ClinicminorStrategic or Co-development PartnerActive participation in the Moss Free Clinic since its inception, providing cardiac care access to underserved populations in the community.
• Guadalupe Free ClinicminorStrategic or Co-development PartnerPractice accepts referrals from the Guadalupe Free Clinic for patients needing cardiology services.

Scale indicators4 records

Recent moves7 records

Expansion highlights3 records

Broad incumbents

• MedStar Heart & Vascular Institute: Hospital-system-affiliated cardiovascular program in the Mid-Atlantic offering comprehensive cardiology, EP, and surgical services. Comparable to CAF on clinical scope, though embedded within a large integrated delivery network.
• Novant Health Heart & Vascular Institute: Integrated health-system cardiovascular service line providing cardiology, cardiac surgery, and vascular care across the Mid-Atlantic and Southeast. Relevant incumbent comparable on service breadth and Carolinas/Virginia overlap with CAF.
• Inova Heart and Vascular Institute: Large hospital-system-owned cardiovascular program in Northern Virginia offering comprehensive cardiology and surgical services. Comparable to CAF's affiliation model but broader in scale and part of a regional health system rather than an independent practice.

Direct peers

• Virginia Heart: Largest independent cardiology practice in Northern Virginia, offering comprehensive cardiovascular care including interventional cardiology, electrophysiology, and advanced imaging across multiple offices. Directly comparable to CAF as a large, multi-subspecialty private cardiology group operating in the same Virginia market.
• Centennial Heart (Tennessee): Multi-physician cardiology specialty group providing general, interventional, and electrophysiology services with hospital affiliations. Directly comparable to CAF in independent specialty-group model and service breadth.
• HeartPlace (Texas): Independent cardiology group practice with comprehensive cardiovascular services across multiple Texas locations, including interventional, EP, and advanced imaging. Closely comparable to CAF in independent-group structure and multi-subspecialty service mix.
• Oklahoma Heart Institute: Specialty cardiovascular practice offering interventional cardiology, structural heart, electrophysiology, and imaging with hospital affiliations. Comparable to CAF in combining comprehensive outpatient diagnostics with hospital-based advanced procedures.
• Cardiovascular Associates of the Delaware Valley: Independent regional cardiology practice providing full-spectrum cardiovascular services including interventional and EP procedures with hospital privileges. Comparable to CAF in its mid-Atlantic regional footprint and multi-subspecialty offering.
• Cardiology Consultants of Philadelphia: Large independent multi-physician cardiology group practice in the Mid-Atlantic offering interventional, EP, and imaging services with hospital affiliations. Closely comparable to CAF in structure, service breadth, and physician-led independent ownership model.
• Advanced Heart and Vascular Institute: Independent cardiology and vascular practice offering interventional, structural heart, and vascular procedures. Comparable to CAF in scope of advanced cardiovascular interventions delivered in a physician-owned group setting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CardiologyAssociatesofFredericksburg
• LinkedInlinkedin.com/company/cardiology-associates-of-fredericksburg

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cardiology Associates of Fredericksburg